More great news for our state today as businesses continue to choose Michigan for their expansions and redevelopments. Seven projects, including one expansion and six brownfield redevelopments, are expected to create or retain 664 jobs and generate more than $109 million in private investment in communities throughout the Great Lakes State!

Companies that will expand in Michigan, with the help of our Michigan Economic Development Corporation, include:

• Xoran Technologies Inc., a unique company that designs and sells compact, high-quality CT scanners for on-site use by medical specialists, which plans to invest $3.7 million to expand its operations, creating 386 new jobs in Ann Arbor.

• Lake Street Petoskey Associates LLC will use a brownfield tax credit to transform an entire city block in downtown Petoskey into a mixed-use development creating 115 new jobs.

• Warrior Lacrosse, a manufacturer of lacrosse and hockey equipment, will partner with DKM Holdings LLC to redevelop a former landfill into a manufacturing, warehousing, and distribution facility, creating 95 new jobs and retaining 65 jobs in Warren.

In addition, several new development projects in Ludington are expected to break ground later this year, including a $30 million investment in a multifamily complex across 11 acres, to be called Pere Pointe Village, by Pere Pointe Limited LLC. Another developer in Ludington, Schooner Pointe LLC, plans, to turn eight vacant acres into 115 condo units, creating $23 million in private investment.

Development projects are also heating up in downtown Grand Rapids, as Moch International LLC will use tax credits to construct a 171-unit apartment building. Bicycle Factory LLC announced plans to transform a vacant historic structure in downtown Grand Rapids into a mixed-use development with commercial office space and 20 apartments creating $3.7 million in investments.

These company expansions and community redevelopment projects once again show that high-tech companies, developers and business leaders in the manufacturing sector are looking to Michigan for success in the 21st century and beyond. We have what it takes for industry leaders to thrive in Michigan, and we will continue to work together to provide businesses with unique solutions to help give them the upper hand.